The Gross Domestic Product (GDP) in Laos was worth 18.17 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Laos represents 0.02 percent of the world economy.
GDP in Laos averaged 5.23 USD Billion from 1984 until 2019, reaching an all time high of 18.17 USD Billion in 2019 and a record low of 0.60 USD Billion in 1988. This page provides the latest reported value for - Laos GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos GDP - values, historical data and charts - was last updated on October of 2020. source: World Bank
GDP in Laos is expected to reach 17.50 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos GDP is projected to trend around 19.90 USD Billion in 2021 and 20.40 USD Billion in 2022, according to our econometric models.